Etihad won’t be reduced to ‘boutique’ airline status, CE says
Etihad Airways intends to remain a major global carrier as it works on re-sizing its global business following record losses, according to new CE Tony Douglas. The company, which has built up a vast inter-continental route network and spent billions of dollars on plane purchases, has no intention of becoming a “boutique” operator and still aspires to being an “airline of choice,” Douglas said Monday. At the same time, failed investments in Alitalia and Air Berlin -- which both filed for insolvency last year after Etihad pulled the plug on funding -- have led to a more “strategic” approach to expansion, according to Douglas, who took over in January. Etihad has been working on restructuring plans for the best part of a year after posting a US$1.87b loss for 2016 that cost previous CE James Hogan his job. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-05-01/eap/etihad-won2019t-be-reduced-to-2018boutique2019-airline-status-ce-says
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Etihad won’t be reduced to ‘boutique’ airline status, CE says
Etihad Airways intends to remain a major global carrier as it works on re-sizing its global business following record losses, according to new CE Tony Douglas. The company, which has built up a vast inter-continental route network and spent billions of dollars on plane purchases, has no intention of becoming a “boutique” operator and still aspires to being an “airline of choice,” Douglas said Monday. At the same time, failed investments in Alitalia and Air Berlin -- which both filed for insolvency last year after Etihad pulled the plug on funding -- have led to a more “strategic” approach to expansion, according to Douglas, who took over in January. Etihad has been working on restructuring plans for the best part of a year after posting a US$1.87b loss for 2016 that cost previous CE James Hogan his job. <br/>
